El Salvador has reportedly removed the legal tender status of Bitcoin (BTC) after less than four years because of pressure from the International Monetary Fund (IMF).
The cryptocurrency market has experienced significant price fluctuations, leading to billions of dollars in liquidations. Amid this, whales appear to be focusing on Ethereum (ETH), the world's second-largest cryptocurrency by market cap. Whale Eyes on Ethereum In the past 24 hours, the crypto market has seen millions of dollars worth of ETH accumulation.
After spending $20 billion on BTC over 12 weeks, and the software company has halted its Bitcoin purchases.
Are new institutional players being influenced by Bitcoin, or are they the ones doing the influencing?
The violent crypto dip in the early Monday morning hours has done little to rattle optimism in the industry, which remains focused on the long-term potential of the technology rather than short-term price fluctuations. What Happened: Speaking with Benzinga at the Digital Asset Summit in London, several speakers and attendees appeared relatively unfazed by what had unfolded earlier in the day.
European central banks could start accumulating Bitcoin in 2025, according to blockchain expert Fiorenzo Manganiello. The prediction follows the rollout of the EU's Markets in Crypto-Assets regulation, which aims to stabilize the crypto market by introducing clear legal frameworks.
On February 3, 2025, Bitcoin reached a local low of $91,530 before rebounding to $95,306 later in the day. This decline comes after China, Canada, and Mexico promised severe retaliatory measures in response to tariffs imposed by the Trump administration.
The surge has prompted analysts to ask if the market is entering its final phase or if growth will continue.
Ether, the second-largest cryptocurrency by market value, witnessed a significant spike in volatility Monday as the renewed trade war between the U.S. and its trading partners triggered broad-based risk aversion in financial markets. CoinDesk's Christine Lee reports in "Chart of the Day.
U.S. President Donald Trump's global tariff war is tanking the crypto markets. The probability of bitcoin price falling to $75,000 has more than doubled to 22% by the end of March, according to Derive.xyz.
TL;DR MicroStrategy ended its bitcoin buying streak after 12 consecutive weeks, not acquiring any more BTC between January 27 and February 2, 2025. The company holds 471,107 BTC, worth over $44 billion, purchased at an average price of $64,511 each. The firm raised $563.
Bitcoin fought its way back from a steep weekend plunge, clawing to $98,000 after touching a brutal three-week low of $91,441. By press time, it had stabilized at $97,730, but the damage was already done—down 6.2% on the day.
Real Vision CEO Raoul Pal, seasoned macro investor and cryptocurrency market researcher, shares some recommendations for getting through crypto collapses. This cycle might yet show its brutality to Bitcoin (BTC) bulls, Pal says.
The company reports fourth-quarter earnings on Wednesday.
Data shows the cryptocurrency sector has witnessed a massive amount of liquidations after the crash that Bitcoin and company have gone through. Crypto Derivatives Market Has Just Seen A Long Squeeze According to data from CoinGlass, a large amount of liquidations related to cryptocurrency contracts has occurred on the derivatives platforms during the past day.
Bitcoin (BTC), the largest cryptocurrency, recorded $467 million in liquidations in the last 24 hours. After this shakeout, Bitcoin (BTC) markets look cleansed, to CryptoQuant's community analysts.
President Trump said Monday that planned tariffs against Mexico will be delayed, reversing the slide of Bitcoin and other major coins.
The cryptocurrency market has displayed a strong bearish action overnight. Reportedly, the crypto space has lost over 8% in valuation in 24 hours. Moreover, the Bitcoin price plunged below $95,000, whereas Ethereum and Ripple tokens broke their important support trendlines.
The crypto market was in tatters late Sunday night after traders realized there wouldn't be a tariff reprieve before global stock markets opened Monday morning. Bitcoin (BTC 0.59%) fell below $100,000 and looked like it could break $90,000 before bouncing a bit.
Bitcoin's price has consistently soared, posting huge gains above other top altcoins. Last year, the crypto market leader pulled over a 15% margin on other top assets, widening the gap between altcoins.
BTC's price went up by nearly eight grand today.
Agreeing to some of Trump's terms, Mexican President Claudia Sheinbaum said the U.S. will be pausing tariffs on her country for one month.
Hamilton Treasury, Gate Ventures, Keplr, EarnOS, Starpower and Hyve Labs highlight the latest edition of VC Roundup.
US President Donald Trump's tariffs have shocked markets as investors fear an impending trade war.
Ethereum whale “7 Siblings” purchased another $14.5 million ETH. In the last 24 hours, the whale bought a total $126 million worth of Ether.
The crypto market saw a major sell-off in Monday's session, with Bitcoin dipping to lows of $91,178 before slightly rebounding above $95,000 at press time. On derivatives markets, the total liquidations come in at $2.28 billion, with over $1.89 billion of bullish bets liquidated in the last 24 hours, according to CoinGlass data.
MicroStrategy, the largest corporate holder of Bitcoin (BTC), has stunned the cryptocurrency community. Notably, for the first time in a long while, MicroStrategy did buy or trade Bitcoin last week.
Crypto gaming tokens have dropped hard over the past day as Bitcoin, Ethereum, and other majors are hit by Trump trade war fears.
Bitcoin has shot up above $98,000 on news that Trump is to pause his recently allowed tariffs on allies.
Bitcoin gets a firm boost after sinking to near $90,000, with an upside CME futures gap having a predictable impact on BTC price action.
MicroStrategy has paused its Bitcoin purchases after acquiring around $20 billion worth of the cryptocurrency over the past few months. The business intelligence firm, led by Michael Saylor, did not sell any shares of its class A common stock last week, nor did it acquire more Bitcoin, according to an 8-K filing with the U.S.
Ethereum faced a brutal capitulation event on Sunday, plummeting over 30% in less than 24 hours as market-wide panic took hold. The dramatic sell-off was fueled by growing fears of a U.S. trade war, sending shockwaves across the crypto space and causing Bitcoin and major altcoins to drop significantly.
Widely followed quant analyst PlanB is predicting more parabolic rallies for Bitcoin (BTC) to high price targets by the end of this year. In a new strategy session, PlanB takes a look at Bitcoin's monthly relative strength index (RSI).
On Monday, Michael Saylor, founder of Microstrategy, disclosed that the enterprise refrained from divesting Class A common shares and abstained from expanding its bitcoin reserves.
Software designer MicroStrategy ended its 12-week Bitcoin buying streak, retaining its current $44 billion stash till further notice.
Robert Kiyosaki is urging investors to take advantage of Bitcoin's latest decline, calling it a prime buying opportunity amid broader market turmoil.
Senator Cynthia Lummis has unveiled an ambitious proposal to address the United States' massive $36 trillion national debt by leveraging the potential of Bitcoin. Her plan centers around creating a Strategic Bitcoin Reserve, which she believes could help reduce the national debt and reinforce the U.S. dollar's position as the world's dominant reserve currency.
The Bitcoin market continues to see a lot of noisy action at this point, as the tariffs in North America have seen a lot of negative influence jump into various assets, including Bitcoin.
Bitcoin (BTC) "Kimchi Premium," i.e., the price gap between the spot BTC price on South Korean exchanges and Binance's BTC/USDT pair, has jumped to levels unseen since early 2022.
Ethereum dropped to $2,159.28, currently trading at $2,574.83, down 16.93% in 24 hours. Market cap stands at $310.15B, while trading volume surged 252% to $83.61B.
Bitcoin (CRYPTO: BTC) is down 3% over the past 24 hours, dropping as low as $92,000 on Monday morning, but traders and analysts remain upbeat about the crypto king's prospects. What Happened: Cold Blooded Shiller commented “horrifying” on altcoins tumbling to levels unseen in three years, a move that saw $2 billion liquidated across 1 million traders.
Bitcoin, Ethereum, and the broader crypto market have experienced massive price crashes, dropping to levels not seen in a while. This development is due to macroeconomic factors which have sparked a wave of sell-offs among crypto traders.
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Ethereum (ETH) has hit a crucial point, testing its multi-year support levels after a significant price decline. This drop, largely triggered by macroeconomic factors and a broader market downturn, has left Ethereum struggling to maintain momentum.
Ethereum price crashed to a key support level on Monday, increasing the risk of further downside after invalidating a crucial bullish chart pattern. Ethereum (ETH) dropped to a low of $2,146, its lowest level since August last year.
Here's why BTC could be poised for an additional 20% crash.
In a recent Bitcoin news, crypto analyst Ali Martinez provided a bearish outlook for the BTC price, revealing that the flagship crypto is still at risk of dropping to lower levels. He mentioned the crucial support level Bitcoin needs to hold above to avoid further downtrends.